India: Indian Cabinet Approves Sugarcane Production Subsidy

  |   Attaché Report (GAIN)

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On November 18, 2015, the Government of India’s (GOI) Cabinet Committee on Economic Affairs (CCEA) approved a sugarcane production subsidy of INR 4.50 per quintal for sugarcane crushed during MY 2015/16 (Oct-Sept). The production subsidy will be provided to farmers on behalf of the sugar millers which are indebted to cane farmers for old crop sales. Qualifying sugar millers must have exported at least 80 percent of the indicative sugar export quota, and achieved 80 percent of respective targets of ethanol production. 

India: Indian Cabinet Approves Sugarcane Production Subsidy

 

South and Central Asia, India
Biofuels, Sugar

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